To secure your future, you want to maximize the growth potential of your savings, without taking any risks. Our Term Deposit Account is ideal for you. It helps you grow your savings over the longer term with guaranteed returns.

Product features

  • Term Deposits are available in Uganda Shillings.
  • Fixed interest is calculated on the balance for the duration of the term

Interest can be:
- Rolled over with the deposit upon maturity or,
- Credited to your current or savings account upon maturity.

  • If deposit is broken before maturity, the interest on the deposit will be forfeited.
  • Investment can be pledged as security
  • Minimum deposit of Uganda shs 10m
  • Withdrawals can be made at maturity without any penalty
  • Interest is paid into your current or savings account.

You can seek advice on interest rates of your deposits by contacting the Call Centre or by speaking to your Relationship Manager.

Opening Requirements

  • Original & photocopy of national ID / passport
  • 1 recent coloured passport size photograph
  • Proof of residential address through

- Electricity/water bill in your name or
- Current tenancy lease agreement in your name